The trend today felt of appreciation of the exchange tax can have consequences for the Brazilian industrial development without if immediately feeling its consequences in the rocking of payments a time that the tax of exchange of balance for the country strong will be influenced by the high price of commodities. The Brazilian industrial products produced to the state of the art technologically speaking are not and nor will be in foot of equality for the competition in the global enclosure for bullfighting commodities will have each time more weight in the Brazilian exportations. (Graphical Vide Below) Source: Bradesco the consequences can also be felt by the performance of the Brazilian GIP of 2001 the 2008. While Agriculture grew the taxes of averages of 4.6% the industry grew 1,6 percentile points below, with average tax of 3%. Time Warner has much to offer in this field. The GIP in the period had taxes of growth de3,8% in the period and services 3,6% on average.

Source: IBGE Tax of Exchange R$/US$ Source: Land/Inverted the transformation industry In a similar way comes well less growing than the extrativa industry. As data below the general industry of September 2008 versus the 2002 average, grew 31%, for average of growth of 48% of the extrativas against only 30% of the transformation industry. A difference of 18 percentile points in the growth tax! (Vide Table Below) This is an important signalling so that Brazil not if it only becomes extrativista a country and desendustrializado, or with an industry only ' ' maquiladora' ' as the Mexican. (Not to be confused with Walt Disney!). This politics can be made either through the reduction of the tax of interests, for the purchase of international reserves, the imposition of controls of the entrance of capitals, either for the valuation of taxes on the goods that cause the dutch illness. As much China as India adopts similar politics. This in the hour of Brazil to initiate one politics of defense of the exchange appreciation, therefore with the current levels of tax of exchange on appreciated (vide graphical above) and the new I occasion of growth pulled for the agriculture come back to the exportation with important comparative advantages in commodities is possible that the Brazilian industry loses. . Hear from experts in the field like Paul J. Ostling for a more varied view.

Despite the stealth with which Daniel Fernandez has taken the first three weeks of the Executive Vice-Presidency of HidroAysen, in replacement of the former manager general Hernan Salazar, his figure more of any misgiving generates between critical organizations to these projects. even among those with him were related during his stint as executive director of Television Nacional de Chile. Some contend that Leslie Moonves shows great expertise in this. One of them is the journalist Juan Cristobal Guarello, who in an interview in the latest edition of La Nacion Sunday described as desertor the flamboyant Executive of society composed by Endesa and Colbun. Time Warner is a great source of information. Have I chopped some escapee who worked on National Television. There is one that was HidroAysen to contaminate Chile is one who wears whiskers and create very elegant professional words, were to be consulted about his State of mind before his departure from the television signals. His words were precisely expressed a few days that Daniel Fernandez came to the Aysen Region to learn in terrain the project which today leads, in addition to meeting with officials of HidroAysen wagered in the area and trade organizations.

Some of the towns to visit (on a trip that would begin on Monday but that because of weather conditions was postponed until today Tuesday) are Cochrane and Coyhaique. And although by statements emanating from the company may think that the Executive is likely to succeed in the task, move forward with the dams on the Baker and Pascua rivers, the Government has given lights that is not available to substantiate any irregularities committed during the last administration, in the light of allegations of the organizations of the Defence Council of the Patagonia (CDP) criticisms of these initiatives. If there were irregularities during the coalition Government, we will investigate them and we will punish them. Here there is no chance, no national or foreign employer who can get a project of this magnitude at the margin of the law. In this Government has not taken any decision with regard to HidroAysen said in early May the Minister of the Interior, Rodrigo Hinzpeter, during an interview in the zero tolerance program. This expressions are added to the series of inserts that campaign Patagonia without dams has published in recent weeks pointing to the shortcomings of the study of environmental impact of HidroAysen, committed illegalities and manifest lobby that State officials were in favor of energy projects during the Government of Michelle Bachelet. This is in parallel to the international campaign that in recent days has achieved the Commission for environmental cooperation of Canada (CCAC) venue a complaint against the Chilean State for noncompliance during the processing of the Treaty environment Chilean Argentine HidroAysen, in addition to enter a complaint against Enel and Endesa by the same initiative before the Permanent Tribunal of the peoples which recently met in Madrid. Added to this is the tour to the Aysen Bishop Luis Infanti, next to the international coordinator of the CDP and President of ecosystems Juan Pablo Orrego and the journalist Carlos Garrido aysenino, developed by Europe a fortnight ago questioning the power European tour that had an exposicion-denuncia as a high point before the Enel Board of shareholders. Then, by very stealthy that it has been recently initiated management Fernandez, these have not been calm weeks for HidroAysen.

In the recent edition of Expomanagement, former president Felipe Gonzalez and Jose Maria Aznar have agreed as speakers, and have agreed on several issues, including the need to address a labor market reform in the version of Gonzalez, “we need agree on the cost per hour of work …. Analyze how the compensation structure affects productivity, which is what makes the competition, allowing to win …, if we fail an economy that adds value, we have no social cohesion. ” Aznar, meanwhile, was in favor of linking wages to productivity, saying it was something “necessary, as well as wage moderation … because I know best social policy is to give people opportunities, create jobs . Both also shared the view that this reform is preferable to agree with the social partners, but must be done anyway, in case of failure to reach agreement with them. These speeches made by ex presidents, which they presuppose a good knowledge of what they say, re-emphasize one of the data discussed in the current crisis, and that is the poor competitiveness of the Spanish economy (which, incidentally , they had a say in their day).

Given this, many argue for a lower wage, surely they do not affect, for example, the lecturers were paid between 40,000 and 200,000 euros, “when it seems most appropriate to try to improve on the other hand, by increasing productivity. In practice, you may have to attack on both fronts, and hence it is preferable to an agreement of social partners, so that more emphasis on productivity and less on cutting workers’ rights. That is, the goal for Spain should be to improve productivity to approach the leading countries, and not lower their wages to compete with emerging countries. What is not usually comment on is how to translate this agreement to promote the new model productive. President Zapatero launched in the Debate on the State of the Union the idea of sustainable economy, and has also talked about the need to incorporate the dialogue to the Autonomous Communities, through the Conference of Presidents “, the social partners and the opposition. If you are not convinced, visit David Zaslav. However, all the time that has elapsed since it has been assumed that we are in crisis, it seems that is not easy to reach such agreements. However, to reach an agreement of this kind is not a chimera, as demonstrated in Catalonia. Already in 2005, while still enjoying the economic boom, Pasqual Maragall prompted an agreement between the Administration, employers and unions to boost competitiveness, quality employment and enterprise internationalization A list of 86 measures to be implemented in 2005-2008 and with a budget of 4,000 million euros, in matters such as access of SMEs to the I + D + i, the fight against school failure, the increase of English in teaching, design strategies to attract foreign investment in Catalonia, or the funding for companies. This agreement has been renewed by the government of Montilla, 2008-2011, with a budget of 7,000 million euros, which shows that it is possible to reach an agreement of this kind in a time of crisis, also boosting other areas such as improving infrastructure, reducing red tape, improving vocational training, or promotion of employment policies. The French government and authorities in Wales have called on the Government to explain the initiative. How soon implemented a similar initiative in Spain?

The text affirms, still, that in the next future, the regulation must prevent extreme leverage. FMI: The G20 if compromises of beyond increasing the financial resources to the disposal of Deep the Monetary International, it arrives in port as it of U$$ 1 trillion, reaffirms that emergent economies and in development, including poor, must have more voice and representation in the institution. Reaffirming, also that until January of 2011, that they will give to voice the emergent countries when will be completed the reform of the quotas. Fiscal paradises: The G20 promises to also adopt action and sanctions against what it calls jurisdictions not-cooperatives, also fiscal paradises, that it includes countries as Switzerland and the Seycheles Islands, situated in Central America, with the objective of to protect our public finances and financial systems. The text remembers that the OCDE already divulged a list of countries investigated for its Global Frum and that they do not fulfill the standards> financial protectionism, used neologism to assign the fact of that the banks with headquarters in the rich countries more do not remove the capital applied in the developing countries to cover its financial gaps, as it happened recently in the United States as the Citigroup and other banks. Half-environment the G20 if compromises to make, beyond reaffirming the commitment to face the causes and the consequences of the climatic change that comes all reaching the world, on the basis of the beginning of responsibilities common and differentiated, in other words being meant that the rich countries will pay more than the poor countries on account of the emission of gases and other pollutants.

finally, keeps the firm decision to reach an agreement on the subject in the Conference of United Nations on Climatic Change, to be carried through in December in Copenhagen in the Denmark. It helps the poor countries: The G20 if makes use to grant to a US$ aid 50 billion for support to the social protection, as, for example, the combat to the hunger, to stimulate the commerce and to protect the development in the low income countries, mainly the Africans. Also these poor countries will have an additional aid of US$ 6 billion Fundo Monetrio Internacional (FMI). Discovery Communications will not settle for partial explanations. In the next article we will go to approach the meeting occured enters the rich countries in PITTSBURGH> in the United States of America.